Building New Foundations for Growth Through New Businesses
First written in FY2016. 5 of 14 entries say "Raised", first in FY2018. Latest entry: FY2026.
11 other companies' latest entry also says "Raised".
- FY2026RaisedAnnual report
「Total investment: ¥40 billion [growth investments] … M&A, expansion of the civil engineering business, initiatives in new businesses, investment in the building technology field」
The company has set total investment through FY2035 at ¥40 billion and is expanding the scope of growth investments to include M&A, expansion of the civil engineering business, new businesses and the building technology field. The medium-term plan also explores securing earnings through new businesses in the environmental field, FC and other areas. - FY2025Cited as achievedAnnual report
「片岡工業株式会社 is headquartered in Chiba Prefecture and is a company with a long history, having been founded in 1886. As a regional general contractor, it has contributed to regional development through infrastructure construction, primarily in civil engineering, building construction and paving, and has built a solid reputation since its establishment, mainly through public-sector civil engineering and building projects.」
The acquisition of 片岡工業 completed in FY2024 is described in detail, including the acquired company's business, its track record as a regional general contractor, and the objective of acquiring expertise in civil engineering and paving to pursue group synergies. - FY2025-H1AchievedAnnual report
「On the same date, the company also entered into a share transfer agreement and acquired all shares and made the company a subsidiary on 1 July 2024. Percentage of voting rights acquired 100% Through making 片岡工業株式会社 a subsidiary and acquiring its expertise, including in civil engineering and paving, the company will pursue group synergies and seek to enhance corporate value.」
The acquisition of 片岡工業株式会社, resolved and planned in FY2024, was completed on 1 July 2024 through the acquisition of all shares and its conversion into a subsidiary. The stated objectives of the acquisition were to acquire expertise in civil engineering and paving and pursue group synergies. - FY2024AdvancedAnnual report
「At a meeting of the Board of Directors held on 27 May 2024, the company resolved to acquire all shares of 片岡工業株式会社 and make it a subsidiary.」
As a specific measure for new businesses and growth investments, the company resolved to acquire all shares of 片岡工業株式会社 for ¥2.5 billion and make it a subsidiary on 1 July 2024. The percentage of voting rights acquired is 100%. - FY2023RaisedAnnual report
「Invest a total of ¥30 billion by FY2030 [growth investments] … Use of M&A and other measures: ¥10 billion [overseas business] … Accelerate expansion in Vietnam: ¥3 billion」
The company is expanding its framework for new businesses and growth investments into total investments of ¥30 billion through FY2030, including ¥10 billion for M&A and other measures and ¥3 billion for the Vietnam business. - FY2022AdvancedAnnual report
「March 2022: Established ICHIKEN VIETNAM CONSTRUCTION CO., LTD. in Vietnam.」
Having progressed from market research and evaluating business opportunities overseas, the company reached the concrete milestone of establishing a local subsidiary in Vietnam. - FY2021RestatedAnnual report
「・In the overseas business, we will strengthen relationships with companies with which we have signed local MOUs (memoranda of understanding on building cooperative relationships), promote market research with a view to developing new areas, and move from deepening our understanding of local laws and regulations and other matters toward commercialization. ・We will consider business alliances, investments and M&A centered on businesses surrounding construction. ・We will develop a framework for forming a corporate group.」
Overseas market research, strengthening relationships with companies with which MOUs have been signed, alliances, investments and M&A in businesses surrounding construction, and consideration of forming a corporate group are continuing. - FY2020RestatedAnnual report
「In the overseas business, we will strengthen relationships with companies with which we have signed local MOUs (memoranda of understanding on building cooperative relationships), promote market research with a view to developing new areas, and move from deepening our understanding of local laws and regulations and other matters toward commercialization. ・We will consider business alliances, investments and M&A centered on businesses surrounding construction. ・We will develop a framework for forming a corporate group.」
Market research overseas, strengthening relationships with companies with which MOUs have been signed, alliances, investments and M&A in businesses surrounding construction, and consideration of forming a corporate group are continuing. - FY2019AdvancedAnnual report
「As part of its initiatives in new businesses, the company opened a Hanoi office in Vietnam, which continues to achieve steady economic growth, to explore market development overseas, and began market research.」
To develop the overseas construction market, the company opened an office in Hanoi, Vietnam, and began market research. - FY2018RaisedAnnual report
「As part of developing new markets, we will pursue construction business overseas with a medium- to long-term perspective.」
In addition to considering fields surrounding construction work and M&A and other measures, overseas construction has been identified as a target for new market development, expanding the scope of the growth platform. - FY2017RestatedAnnual report
「To achieve sustainable development, we will consider from multiple perspectives business fields that can serve as future growth platforms. For the time being, we will focus on fields surrounding construction work and consider initiatives using M&A and other measures.」
The policy of making new businesses a future growth platform is being maintained, with consideration being given to fields surrounding construction work and the use of M&A and other measures. - FY2016First statedAnnual report
「④ Initiatives in new businesses ～Building a new growth platform～ ・We will make business investments after considering the direction and content of the businesses. (Investment will become full-scale from fiscal 2017 onward.)」
The company stated that it would scale up investment in new businesses from fiscal 2017 onward and build a new growth platform.